55 Milton AvenueParadise Point QLD 4216
Property Details for 55 Milton Ave, Paradise Point
55 Milton Ave, Paradise Point is a 4 bedroom, 1 bathroom House with 3 parking spaces and was built in 1975. The property has a land size of 539m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in June 2020.
Last Listing description (September 2020)
PRICED AT OFFERS ABOVE $690,000
This generous four bedroom low-set home provides endless opportunities and sits on 539sqm (approx) perfectly situated just a short walk to the shops and cafes of Paradise Point, the Broadwater and Paradise Point Parklands.
Option 1- Ideal for a large or extended family wanting to live close to the water with the option to create a separate granny flat.
Option 2- Rental investment with historical rental income of $550/ week and the possibility of creating dual living under current zoning to dramatically increase returns.
Option 3- Renovate the existing home with plenty of room to extend or go up and create your own stunning home just a stones throw from the vibrant Paradise Point Village.
Option 4- Redevelop (subject to Council approvals). This property has a medium density residential zoning allowing for Duplex/ Apartment complex or new Prestige home on a large flat block.
There is money to be made here!
• 539m2 block
• Existing 4 bedroom, 1 bathroom home
• Prime rental, renovation or redevelopment opportunity (subject to Council approvals)
• Medium Density Residential zoning (build up to 15m high)
• 3 minute walk (approx.) to shops, cafes, Parklands and Broadwater
• Desirable North to rear of site aspect
• Ideal large block for investment or multi-level redevelopment - act now!
Priced at offers above $690,000
For more information or to arrange an inspection please contact Andrew or Josh today - this opportunity will not last!
Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.
Property History for 55 Milton Ave, Paradise Point, QLD 4216
- 22 Jun 2020Sold for $690,000
- 21 May 2020Listed for Sale Offers Over $690,000
- 19 Dec 2019Listed for Sale Offers Over $690,000
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0About Paradise Point 4216
The size of Paradise Point is approximately 4.1 square kilometres. It has 9 parks covering nearly 10.8% of total area. The population of Paradise Point in 2011 was 5,929 people. By 2016 the population was 6,558 showing a population growth of 10.6% in the area during that time. The predominant age group in Paradise Point is 60-69 years. Households in Paradise Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Paradise Point work in a managers occupation. In 2011, 62.8% of the homes in Paradise Point were owner-occupied compared with 65.7% in 2016.
Paradise Point has 4,370 properties. Over the last 5 years, Houses in Paradise Point have seen a 85.88% increase in median value, while Units have seen a 87.31% increase. As at 31 October 2024:
- The median value for Houses in Paradise Point is $1,957,201 while the median value for Units is $1,267,726.
- Houses have a median rent of $900 while Units have a median rent of $660.
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